Vanguard Materials ETFVAWETF
13F holders, Q2 2025 (June 30)366holders −9
39new positions
39sold out
1famous investor
$194.87avg. 13F price*
At the end of Q2 2025, 366 institutions reported holding Vanguard Materials ETF (VAW) in their 13F filings, down 9 from Q1 2025. 39 opened new positions and 39 sold out. The largest holders were Bank of America Corp. ($272.9M), Beacon Capital Management, Inc. ($89.8M) and Empower Advisory Group, LLC ($67.9M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Vanguard Materials ETF
- CUSIP
- 92204A801
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 39 | $34.1M |
| Exits | 39 | $9.7M |
All 13F filers, Q1 2025 → Q2 2025: 755,963 shares bought and 336,659 shares sold, net +419,304 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 366 holders
| Bank of America Corp. | 0.02% | Reduce -2.2% | 1,400,782 | $272.9M |
| Beacon Capital Management, Inc. | 4.63% | Add +1541.2% | 461,049 | $89.8M |
| Empower Advisory Group, LLC | 0.20% | Add +2.3% | 348,715 | $67.9M |
| Morgan Stanley | 0.00% | Reduce -1.4% | 288,681 | $56.2M |
| Manufacturers Life Insurance Company, The | 0.05% | Add +2.1% | 285,005 | $55.5M |
| Wells Fargo & Company | 0.01% | Add +0.5% | 256,175 | $49.9M |
| LPL Financial LLC | 0.01% | Add +27.0% | 223,127 | $43.5M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -25.4% | 220,736 | $43.0M |
| PGIM Custom Harvest LLC | 0.57% | Reduce -7.1% | 140,906 | $27.5M |
| Raymond James Financial Inc. | 0.01% | Add +16.9% | 119,197 | $23.2M |
| UBS Group AG | 0.00% | Reduce -0.5% | 112,896 | $22.0M |
| Cetera Investment Advisers | 0.03% | Reduce -2.1% | 89,558 | $17.4M |
| Ameriprise Financial Inc. | 0.00% | Reduce -15.7% | 83,303 | $16.2M |
| Corient Private Wealth LP | 0.02% | Reduce -6.5% | 73,513 | $14.3M |
| Stifel Financial Corp. | 0.01% | Reduce -0.0% | 71,737 | $14.0M |
| GW Henssler & Associates Ltd. | 0.67% | New | 64,609 | $12.6M |
| JPMorgan Chase & Co. | 0.00% | Reduce -4.5% | 55,735 | $10.9M |
| Park National Corp. | 0.31% | Add +7.7% | 48,076 | $9.4M |
| PNC Financial Services Group, Inc. | 0.01% | Reduce -6.0% | 46,127 | $9.0M |
| Lido Advisors, LLC | 0.05% | Add +2.7% | 46,118 | $9.0M |
| TrueWealth Financial Partners | 4.76% | Reduce -26.8% | 44,329 | $8.6M |
| Northwestern Mutual Wealth Management Co. | 0.01% | Reduce -7.6% | 43,609 | $8.5M |
| Strengthening Families & Communities, LLC | 4.68% | Reduce -4.4% | 43,231 | $8.4M |
| M Holdings Securities, Inc. | 1.39% | Add +3.0% | 41,584 | $8.1M |
| Rockefeller Capital Management L.P. | 0.02% | Reduce -0.0% | 40,685 | $7.9M |
| KCM Investment Advisors LLC | 0.25% | Reduce -3.4% | 38,231 | $7.4M |
| J.W. Cole Advisors, Inc. | 0.12% | Add +1.7% | 29,869 | $5.8M |
| Commonwealth Equity Services, LLC | 0.01% | Reduce -12.7% | 28,721 | $5.6M |
| Osaic Holdings, Inc. | 0.01% | Add +4.9% | 28,532 | $5.6M |
| Banco Santander, S.A. | 0.05% | New | 27,924 | $5.4M |
| BNP Paribas Financial Markets | 0.00% | Reduce -7.0% | 26,400 | $5.1M |
| Creative Planning | 0.00% | Reduce -2.0% | 25,793 | $5.0M |
| Exchange Capital Management, Inc. | 0.73% | Reduce -0.4% | 25,045 | $4.9M |
| Royal Bank of Canada | 0.00% | Add +27.1% | 24,871 | $4.8M |
| Resources Management Corp. /CT/ | 0.65% | Reduce -2.4% | 24,713 | $4.8M |
| LRI Investments, LLC | 0.39% | Add +7.5% | 23,783 | $4.6M |
| Vickerman Investment Advisors, Inc. | 0.97% | Reduce -7.8% | 23,104 | $4.5M |
| Wealthcare Advisory Partners LLC | 0.10% | Add +4.3% | 22,965 | $4.5M |
| Certified Advisory Corp | 0.45% | Add +31.3% | 22,302 | $4.3M |
| Sigma Planning Corp | 0.12% | Add +7.1% | 20,176 | $3.9M |
| Buska Wealth Management, LLC | 1.06% | Reduce -26.8% | 19,871 | $3.9M |
| M&T Bank Corp | 0.01% | Reduce -6.8% | 19,726 | $3.8M |
| MML Investors Services, LLC | 0.01% | Add +2.7% | 19,484 | $3.8M |
| Full Sail Capital, LLC | 0.22% | Add +3.5% | 19,444 | $3.8M |
| Richmond Brothers, Inc. | 2.28% | Reduce -9.3% | 17,886 | $3.5M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Add +4.1% | 17,557 | $3.4M |
| HighTower Advisors, LLC | 0.00% | Add +0.7% | 17,492 | $3.4M |
| Foundations Investment Advisors, LLC | 0.05% | Add +5.6% | 17,482 | $3.4M |
| Atria Wealth Solutions, Inc. | 0.08% | Reduce -31.1% | 17,025 | $3.4M |
| Susquehanna International Group, LLP | 0.01% | New | 17,054 | $3.3M |
| Silver Coast Investments LLC | 1.17% | Add +2.1% | 16,467 | $3.2M |
| Gibraltar Capital Management, Inc. | 0.60% | Add +1.0% | 15,642 | $3.0M |
| Goldman Sachs Group Inc. | 0.00% | Add +3.4% | 15,317 | $3.0M |
| Mariner, LLC | 0.00% | Reduce -10.3% | 14,309 | $2.8M |
| Parsons Capital Management Inc. | 0.17% | Reduce -0.1% | 14,268 | $2.8M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +1.9% | 12,920 | $2.6M |
| Clear Creek Financial Management, LLC | 0.24% | New | 13,008 | $2.5M |
| Prospera Financial Services Inc | 0.05% | Add +169.8% | 12,888 | $2.5M |
| Exchange Traded Concepts, LLC | 0.03% | Reduce -3.0% | 12,004 | $2.3M |
| Global Strategic Investment Solutions, LLC | 0.24% | Reduce -0.7% | 11,580 | $2.3M |
| Quantinno Capital Management LP | 0.01% | Add +76.1% | 10,835 | $2.1M |
| Private Advisor Group, LLC | 0.01% | Add +15.9% | 10,708 | $2.1M |
| Atria Investments, Inc | 0.02% | Reduce -9.3% | 10,707 | $2.1M |
| Truist Financial Corp. | 0.00% | Add +5.8% | 10,635 | $2.1M |
| Sierra Capital LLC | 0.23% | No change | 10,398 | $2.0M |
| Sage Rhino Capital LLC | 0.43% | Reduce -13.3% | 10,336 | $2.0M |
| MassMutual Private Wealth & Trust, FSB | 0.05% | Add +2.5% | 10,267 | $2.0M |
| Sagace Wealth Management LLC | 1.49% | Reduce -54.1% | 10,250 | $2.0M |
| Simon Quick Advisors, LLC | 0.10% | New | 10,131 | $2.0M |
| Captrust Financial Advisors | 0.00% | Reduce -4.5% | 10,101 | $2.0M |
| Prairiewood Capital, LLC | 0.71% | Add +9.8% | 9,793 | $1.9M |
| Envestnet Portfolio Solutions, Inc. | 0.01% | Reduce -46.3% | 9,753 | $1.9M |
| Merit Financial Group, LLC | 0.02% | Reduce -3.9% | 9,535 | $1.9M |
| Main Street Financial Solutions, LLC | 0.13% | Reduce -1.4% | 9,448 | $1.8M |
| Axiom Financial Strategies, LLC | 1.01% | Reduce -1.0% | 9,278 | $1.8M |
| Janney Montgomery Scott LLC | 0.00% | Add +1.3% | 8,633 | $1.7M |
| Avantax Advisory Services, Inc. | 0.01% | Add +2.3% | 8,291 | $1.6M |
| Essex Financial Services, Inc. | 0.11% | Add +306.4% | 8,267 | $1.6M |
| National Bank of Canada | 0.00% | No change | 8,025 | $1.6M |
| Private Wealth Advisors, LLC | 0.61% | Reduce -9.2% | 7,958 | $1.6M |
| Tranquilli Financial Advisor LLC | 0.96% | Reduce -36.0% | 7,944 | $1.5M |
| Cibc World Market Inc. | 0.00% | Reduce -0.8% | 7,534 | $1.5M |
| Vista Investment Management | 0.53% | Reduce -3.6% | 7,388 | $1.4M |
| Sharper & Granite LLC | 0.54% | Add +26.5% | 6,985 | $1.4M |
| Pathway Financial Advisors LLC | 0.21% | No change | 7,240 | $1.4M |
| Centaurus Financial, Inc. | 0.08% | Reduce -0.4% | 6,903 | $1.3M |
| Comerica Bank | 0.01% | Reduce -6.4% | 6,708 | $1.3M |
| Farrell Financial LLC | 0.87% | Reduce -0.2% | 6,669 | $1.3M |
| Thrivent Financial for Lutherans | 0.00% | New | 6,652 | $1.3M |
| D.A. Davidson & Co. | 0.01% | Reduce -8.7% | 6,579 | $1.3M |
| Founders Grove Wealth Partners, LLC | 0.32% | Add +1.3% | 6,506 | $1.3M |
| Steward Partners Investment Advisory, LLC | 0.01% | Reduce -1.9% | 6,435 | $1.3M |
| Sentinel Pension Advisors, LLC | 0.21% | No change | 6,313 | $1.2M |
| Brighton Jones LLC | 0.03% | Add +4.2% | 6,137 | $1.2M |
| Hershey Financial Advisers, LLC | 1.06% | — | 6,079 | $1.2M |
| CW Advisors, LLC | 0.01% | Reduce -3.0% | 6,050 | $1.2M |
| Orion Porfolio Solutions, LLC | 0.01% | Reduce -0.8% | 5,800 | $1.1M |
| AlphaCore Capital LLC | 0.04% | New | 5,782 | $1.1M |
| Compass Capital Corp. /Ma/ | 0.52% | No change | 5,906 | $1.1M |
| Ameritas Advisory Services, LLC | 0.06% | Reduce -8.6% | 5,673 | $1.1M |
| Narwhal Capital Management | 0.09% | Reduce -56.0% | 5,633 | $1.1M |
| Modera Wealth Management, LLC | 0.01% | Add +0.1% | 5,555 | $1.1M |
| IHT Wealth Management, LLC | 0.03% | No change | 5,400 | $1.1M |
| FMR LLC | 0.00% | Add +16.8% | 5,339 | $1.0M |
| Cresset Asset Management, LLC | 0.01% | Reduce -9.3% | 5,300 | $1.0M |
| Choate Investment Advisors | 0.02% | No change | 5,297 | $1.0M |
| Bonfire Financial | 0.84% | Add +4.9% | 5,227 | $1.0M |
| Comprehensive Money Management Services LLC | 0.76% | Reduce -3.6% | 5,122 | $998K |
| Fiduciary Trust Co | 0.01% | Reduce -0.7% | 5,110 | $996K |
| Kanawha Capital Management LLC | 0.07% | No change | 5,013 | $977K |
| Builder Investment Group Inc. | 0.23% | No change | 4,853 | $946K |
| Jones Financial Companies LLLP | 0.00% | Add +7.7% | 4,744 | $924K |
| Concurrent Investment Advisors, LLC | 0.02% | Add +1.4% | 4,729 | $921K |
| Brown Advisory Inc. | 0.00% | Reduce -5.3% | 4,681 | $912K |
| Baird Financial Group, Inc. | 0.00% | Reduce -4.4% | 4,677 | $911K |
| Curran Financial Partners, LLC | 0.20% | New | 4,609 | $898K |
| Independent Financial Group, LLC | 0.02% | Reduce -1.0% | 4,600 | $896K |
| Atlas Capital Advisors Inc. | 0.11% | Reduce -29.7% | 4,430 | $863K |
| WBH Advisory Inc. | 0.07% | Reduce -2.2% | 4,342 | $846K |
| BlackRock, Inc. | 0.00% | Add +75.8% | 4,310 | $840K |
| Versant Capital Management, Inc | 0.13% | Reduce -15.4% | 4,308 | $839K |
| United Capital Financial Advisors, LLC | 0.01% | Add +3.8% | 4,267 | $831K |
| Northern Trust Corp. | 0.00% | No change | 4,232 | $825K |
| Stratos Wealth Partners, LTD. | 0.01% | Reduce -33.4% | 4,179 | $814K |
| Wolff Financial Management LLC | 0.21% | Add +0.1% | 4,170 | $813K |
| NorthCrest Asset Manangement, LLC | 0.02% | Reduce -3.9% | 3,979 | $806K |
| Valmark Advisers, Inc. | 0.01% | Reduce -0.1% | 4,045 | $788K |
| CX Institutional | 0.03% | Add +119.8% | 4,044 | $788K |
| Sage Capital Management, LLC | 0.38% | Add +0.4% | 4,010 | $781K |
| City State Bank | 0.24% | Reduce -0.8% | 3,869 | $754K |
| 180 Wealth Advisors, LLC | 0.11% | Add +0.3% | 3,865 | $753K |
| Phillips Financial Management, LLC | 0.05% | Add +4.0% | 3,858 | $752K |
| Joule Financial, LLC | 0.24% | Add +3.2% | 3,857 | $751K |
| TD Waterhouse Canada Inc. | 0.01% | Add +15.7% | 3,658 | $729K |
| Nations Financial Group Inc, /Ia/ | 0.05% | Reduce -1.1% | 3,734 | $728K |
| Bailard, Inc. | 0.02% | Add +18.6% | 3,498 | $682K |
| Farther Finance Advisors, LLC | 0.01% | Add +18.4% | 3,437 | $670K |
| Clearstead Advisors, LLC | 0.01% | Add +21.2% | 3,430 | $668K |
| Flputnam Investment Management Co. | 0.01% | Reduce -9.2% | 3,398 | $662K |
| Assetmark, Inc. | 0.00% | Add +51.3% | 3,364 | $655K |
| Stephen J. Garry & Associates, LLC | 0.56% | Reduce -12.5% | 3,345 | $652K |
| Advisors Capital Management, LLC | 0.01% | Add +0.1% | 3,272 | $638K |
| CGN Advisors LLC | 0.06% | New | 3,182 | $620K |
| Summit Financial, LLC | 0.01% | Reduce -2.7% | 3,171 | $618K |
| Bokf, NA | 0.01% | Reduce -6.3% | 3,162 | $616K |
| Altura Wealth Advisors Inc. | 0.34% | Reduce -18.4% | 3,160 | $616K |
| O'shaughnessy Asset Management, LLC | 0.00% | Add +3.9% | 3,125 | $609K |
| Novak & Powell Financial Services, Inc. | 0.42% | Add +0.4% | 3,104 | $605K |
| Dentgroup LLC | 0.42% | Reduce -0.1% | 3,081 | $600K |
| First Financial Corp. | 0.27% | No change | 3,063 | $597K |
| Prime Capital Investment Advisors, LLC | 0.01% | Reduce -19.8% | 2,998 | $584K |
| Mason Investment Advisory Services, Inc. | 0.03% | Add +4.0% | 2,945 | $574K |
| Citigroup Inc. | 0.00% | No change | 2,910 | $567K |
| Trinity Legacy Partners, LLC | 0.14% | Reduce -0.6% | 2,828 | $560K |
| NewEdge Advisors, LLC | 0.00% | Add +119.5% | 2,852 | $556K |
| Kestra Advisory Services, LLC | 0.00% | Add +20.5% | 2,764 | $539K |
| Optima Capital LLC | 0.29% | Reduce -33.9% | 2,761 | $538K |
| Whittier Trust Co. | 0.01% | Add +0.1% | 2,740 | $534K |
| Wealthfront Advisers LLC | 0.00% | Reduce -9.9% | 2,737 | $533K |
| GTS Securities LLC | 0.02% | New | 2,727 | $531K |
| Johnson Investment Counsel Inc. | 0.00% | Reduce -1.3% | 2,727 | $531K |
| Sequoia Financial Advisors, LLC | 0.00% | Reduce -5.4% | 2,691 | $524K |
| Arax Advisory Partners | 0.02% | Add +1824.8% | 2,637 | $514K |
| Conservest Capital Advisors, Inc. | 0.05% | New | 2,563 | $499K |
| &partners | 0.00% | Add +12.3% | 2,537 | $494K |
| Alliance Wealth Advisors, LLC | 0.27% | Reduce -2.4% | 2,533 | $494K |
| Mather Group, Llc. | 0.01% | No change | 2,500 | $487K |
| Parallel Advisors, LLC | 0.01% | Reduce -6.8% | 2,488 | $485K |
| North Forty Two & Co. | 0.51% | Add +1.0% | 2,475 | $482K |
| Anchor Investment Management, LLC | 0.04% | Reduce -16.3% | 2,450 | $477K |
| Blair William & Co. | 0.00% | Reduce -70.7% | 2,401 | $468K |
| One Charles Private Wealth Services, LLC | 0.13% | Add +17.5% | 2,346 | $457K |
| Aspiriant, LLC | 0.01% | Reduce -19.6% | 2,324 | $453K |
| Financial Freedom, LLC | 0.24% | No change | 2,306 | $449K |
| Axxcess Wealth Management, LLC | 0.01% | Reduce -6.0% | 2,301 | $448K |
| Fifth Third Bancorp | 0.00% | Reduce -1.8% | 2,281 | $444K |
| Wedbush Securities Inc. | 0.02% | Reduce -27.7% | 2,276 | $443K |
| Beacon Pointe Advisors, LLC | 0.00% | Reduce -2.3% | 2,164 | $422K |
| Yoder Wealth Management, Inc. | 0.22% | Add +0.7% | 2,128 | $415K |
| Mutual Advisors, LLC | 0.01% | Add +73.7% | 2,006 | $411K |
| Great Valley Advisor Group, Inc. | 0.01% | Add +6.0% | 2,085 | $406K |
| Leavell Investment Management, Inc. | 0.02% | Add +0.5% | 2,081 | $406K |
| Bank of Montreal | 0.00% | Reduce -7.6% | 2,075 | $404K |
| Cranbrook Wealth Management, LLC | 0.09% | Add +0.1% | 2,046 | $399K |
| Equitable Holdings, Inc. | 0.00% | Reduce -4.9% | 2,043 | $398K |
| Gladstone Institutional Advisory LLC | 0.02% | Reduce -3.2% | 2,017 | $393K |
| Cornerstone Wealth Management, LLC | 0.02% | Add +1.8% | 1,977 | $385K |
| Sanctuary Advisors, LLC | 0.00% | Reduce -47.1% | 1,933 | $377K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -24.4% | 1,916 | $373K |
| Heritage Trust Co | 0.04% | Reduce -41.3% | 1,899 | $370K |
| Wealth Alliance, LLC | 0.04% | Reduce -0.6% | 1,893 | $369K |
| U.S. Capital Wealth Advisors, LLC | 0.01% | Reduce -5.5% | 1,871 | $365K |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -7.8% | 1,857 | $362K |
| Wealthspire Retirement, LLC | 0.02% | Add +6.1% | 1,854 | $361K |
| Winch Advisory Services, LLC | 0.09% | Reduce -1.4% | 1,795 | $350K |
| Retirement Planning Group, LLC | 0.01% | Reduce -7.5% | 1,766 | $344K |
| KPP Advisory Services LLC | 0.06% | Reduce -1.9% | 1,729 | $337K |
| Keebeck Wealth Management | 0.04% | No change | 1,725 | $336K |
| Freedom Investment Management, Inc. | 0.03% | Reduce -4.2% | 1,721 | $335K |
| Heritage Investment Group, Inc. | 0.06% | No change | 1,700 | $331K |
| CWA Asset Management Group, LLC | 0.01% | Add +0.2% | 1,696 | $330K |
| O'ROURKE & COMPANY, Inc | 0.15% | Reduce -18.4% | 1,664 | $324K |
| US Bancorp \de | 0.00% | Add +2.4% | 1,659 | $323K |
| Brandywine Oak Private Wealth LLC | 0.03% | Reduce -1.7% | 1,652 | $322K |
| Ingalls & Snyder LLC | 0.01% | Reduce -1.2% | 1,650 | $321K |
| Rwa Wealth Partners, LLC | 0.00% | Reduce -0.4% | 1,625 | $317K |
| Madden Advisory Services, Inc. | 0.13% | Add +5.5% | 1,618 | $315K |
| Evoke Wealth, LLC | 0.01% | No change | 1,573 | $306K |
| Independent Advisor Alliance | 0.01% | New | 1,563 | $305K |
| MontVue Capital Management, Inc. | 0.22% | No change | 1,560 | $304K |
| Golden State Wealth Management, LLC | 0.04% | Reduce -29.6% | 1,550 | $302K |
| Tiaa Trust, National Association | 0.00% | Reduce -24.3% | 1,539 | $300K |
| Collective Family Office LLC | 0.08% | Reduce -8.9% | 1,531 | $298K |
| Bryn Mawr Trust Advisors, LLC | 0.02% | Reduce -6.2% | 1,526 | $297K |
| Birchcreek Wealth Management, LLC | 0.17% | Add +3.5% | 1,516 | $295K |
| Snowden Capital Advisors LLC | 0.01% | Add +7.3% | 1,515 | $295K |
| Citadel Advisors | 0.00% | Reduce -90.4% | 1,503 | $293K |
| Choreo, LLC | 0.00% | Add +0.1% | 1,480 | $289K |
| Neuberger Berman Group LLC | 0.00% | Reduce -0.5% | 1,467 | $286K |
| Elm Partners Management LLC | 0.02% | New | 1,444 | $281K |
| Avantax Planning Partners, Inc. | 0.01% | New | 1,425 | $278K |
| Hilltop Holdings Inc. | 0.02% | Add +2.5% | 1,406 | $274K |
| Wedmont Private Capital | 0.01% | New | 1,351 | $273K |
| Bragg Financial Advisors, Inc | 0.01% | Reduce -8.5% | 1,402 | $273K |
| Mission Wealth Management, LP | 0.01% | New | 1,391 | $271K |
| Brookwood Investment Group LLC | 0.04% | Reduce -5.8% | 1,387 | $270K |
| Koshinski Asset Management, Inc. | 0.02% | Add +0.1% | 1,371 | $267K |
| Swisher Financial Concepts, Inc. | 0.17% | Reduce -2.9% | 1,358 | $265K |
| Evermay Wealth Management LLC | 0.03% | No change | 1,350 | $263K |
| Bordeaux Wealth Advisors LLC | 0.03% | Add +0.4% | 1,346 | $262K |
| Modern Wealth Management, LLC | 0.01% | Reduce -0.9% | 1,336 | $260K |
| Bank of New York Mellon Corp | 0.00% | Add +23.6% | 1,324 | $258K |
| Kestra Private Wealth Services, LLC | 0.00% | Reduce -5.5% | 1,274 | $248K |
| EP Wealth Advisors, LLC | 0.00% | Add +18.9% | 1,259 | $245K |
| Waldron Private Wealth LLC | 0.01% | Add +0.4% | 1,252 | $244K |
| Simmons Bank | 0.02% | No change | 1,228 | $239K |
| NORTHSTAR ASSET MANAGEMENT Co | 0.05% | No change | 1,185 | $231K |
| Checchi Capital Advisers, LLC | 0.02% | No change | 1,147 | $223K |
| Two Sigma Securities, LLC | 0.03% | New | 1,143 | $223K |
| American Trust | 0.02% | New | 1,130 | $220K |
| Csenge Advisory Group | 0.01% | No change | 1,151 | $219K |
| Composition Wealth, LLC | 0.00% | New | 1,122 | $219K |
| Focus Partners Advisor Solutions, LLC | 0.00% | Add +4.6% | 1,117 | $218K |
| Idaho Trust Co | 0.08% | Reduce -11.1% | 1,110 | $216K |
| PFG Advisors | 0.01% | New | 1,098 | $214K |
| RBA Wealth Management, LLC | 0.08% | Add +1.3% | 1,098 | $214K |
| BIP Alliance, LLC | 0.08% | No change | 1,098 | $214K |
| Integrated Wealth Concepts LLC | 0.00% | Reduce -20.5% | 1,080 | $210K |
| BNC Wealth Management, LLC | 0.06% | Reduce -5.3% | 1,062 | $207K |
| McGuire Investment Group, LLC | 0.03% | New | 1,057 | $206K |
| Boltwood Capital Management | 0.06% | New | 1,055 | $206K |
| Tumwater Wealth Management, LLC | 0.09% | New | 1,032 | $201K |
| Lodestar Private Asset Management LLC | 0.02% | New | 1,029 | $200K |
| Colonial Trust Co / SC | 0.03% | No change | 1,000 | $195K |
| Allworth Financial LP | 0.00% | Add +563.8% | 989 | $193K |
| Union Bancaire Privee, UBP SA | 0.00% | No change | 1,000 | $166K |
| Progressive Investment Management Corp | 0.03% | No change | 700 | $136K |
| Hurley Capital, LLC | 0.10% | Add +0.4% | 697 | $136K |
| Flagship Wealth Advisors, LLC | 0.05% | No change | 623 | $121K |
| Cornerstone Planning Group LLC | 0.02% | Add +0.4% | 538 | $106K |
| EverSource Wealth Advisors, LLC | 0.00% | No change | 536 | $104K |
| Westside Investment Management, Inc. | 0.02% | Add +0.2% | 518 | $101K |
| Kayne Anderson Rudnick Investment Management LLC | 0.00% | No change | 515 | $100K |
| Hazlett, Burt & Watson, Inc. | 0.04% | No change | 510 | $100K |
| Cardiff Park Advisors, LLC | 0.01% | No change | 511 | $100K |
| Capital Investment Advisory Services, LLC | 0.01% | No change | 486 | $95K |
| Global Retirement Partners, LLC | 0.00% | — | 477 | $93K |
| Glenmede Investment Management, LP | 0.00% | — | 437 | $85K |
| Strategic Wealth Investment Group, LLC | 0.12% | New | 420 | $82K |
| SBI Securities Co., Ltd. | 0.00% | Add +6.6% | 406 | $79K |
| Harbour Investments, Inc. | 0.00% | Reduce -5.4% | 405 | $79K |
| Dynamic Wealth Strategies, LLC | 0.05% | Add +0.3% | 384 | $75K |
| MAI Capital Management | 0.00% | Add +11.5% | 379 | $74K |
| Key Financial Inc | 0.01% | Add +5.5% | 366 | $71K |
| Cape Investment Advisory, Inc. | 0.03% | Reduce -33.5% | 365 | $71K |
| Bellevue Asset Management, LLC | 0.03% | No change | 350 | $68K |
| First Horizon Advisors, Inc. | 0.00% | Reduce -8.5% | 343 | $67K |
| Coastline Trust Co | 0.01% | No change | 325 | $63K |
| Beacon Capital Management, LLC | 0.01% | Reduce -34.9% | 315 | $61K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -18.8% | 315 | $61K |
| Ashton Thomas Securities, LLC | 0.01% | No change | 308 | $60K |
| AE Wealth Management LLC | 0.00% | Reduce -66.5% | 300 | $58K |
| Strategic Wealth Partners, Ltd. | 0.00% | — | 295 | $57K |
| Cwm, LLC | 0.00% | Add +58.9% | 294 | $57K |
| Wilmington Savings Fund Society, FSB | 0.00% | No change | 285 | $56K |
| Webster Bank, N. A. | 0.01% | No change | 275 | $54K |
| Montag A & Associates Inc. | 0.00% | Add +2.1% | 245 | $48K |
| Wealth Preservation Advisors, LLC | 0.03% | Reduce -18.8% | 224 | $44K |
| NBT Bank, N.A. | 0.00% | Add +33.7% | 222 | $43K |
| Bogart Wealth, LLC | 0.00% | No change | 218 | $42K |
| Fourth Dimension Wealth, LLC | 0.02% | No change | 204 | $40K |
| Global Wealth Strategies & Associates | 0.01% | No change | 202 | $39K |
| Armstrong Advisory Group, Inc. | 0.00% | Reduce -31.9% | 194 | $38K |
| C M Bidwell & Associates Ltd. | 0.02% | No change | 185 | $36K |
| Concord Wealth Partners | 0.01% | No change | 185 | $36K |
| New Millennium Group LLC | 0.02% | Add +0.6% | 171 | $33K |
| Principal Securities, Inc. | 0.00% | Reduce -8.8% | 165 | $32K |
| GPS Wealth Strategies Group, LLC | 0.00% | Reduce -18.2% | 162 | $32K |
| Running Point Capital Advisors, LLC | 0.01% | New | 154 | $30K |
| First PREMIER Bank | 0.01% | No change | 151 | $29K |
| TD Private Client Wealth LLC | 0.00% | Add +42.9% | 140 | $27K |
| Greykasell Wealth Strategies, Inc. | 0.01% | No change | 131 | $26K |
| Front Row Advisors LLC | 0.01% | No change | 125 | $24K |
| Hollencrest Capital Management | 0.00% | No change | 125 | $24K |
| Foster Dykema Cabot & Partners, LLC | 0.00% | No change | 122 | $24K |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0.00% | No change | 120 | $23K |
| Whittier Trust Co. of Nevada Inc. | 0.00% | No change | 117 | $23K |
| Aptus Capital Advisors, LLC | 0.00% | No change | 110 | $21K |
| VSM Wealth Advisory, LLC | 0.01% | No change | 107 | $21K |
| Geneos Wealth Management Inc. | 0.00% | Add +32.8% | 89 | $17K |
| Atlantic Edge Private Wealth Management, LLC | 0.00% | No change | 85 | $17K |
| Creative Financial Designs Inc. | 0.00% | No change | 85 | $17K |
| Main Street Group, LTD | 0.01% | No change | 78 | $15K |
| Guardian Wealth Advisors, LLC / NC | 0.00% | No change | 71 | $14K |
| Breakwater Investment Management | 0.00% | No change | 65 | $13K |
| Barclays PLC | 0.00% | No change | 65 | $13K |
| Northwest Capital Management Inc | 0.01% | No change | 62 | $12K |
| Crowley Wealth Management, Inc. | 0.01% | No change | 59 | $11K |
| NFSG Corp | 0.00% | No change | 57 | $11K |
| Missouri Trust & Investment Co | 0.00% | No change | 56 | $11K |
| Barrett & Company, Inc. | 0.00% | No change | 54 | $10K |
| Avion Wealth | 0.00% | No change | 52 | $10K |
| Medallion Wealth Advisors, LLC | 0.00% | No change | 50 | $10K |
| Ameliora Wealth Management Ltd. | 0.00% | No change | 51 | $10K |
| Duncker Streett & Co. Inc. | 0.00% | Reduce -9.3% | 49 | $10K |
| Blue Bell Private Wealth Management, LLC | 0.00% | No change | 49 | $10K |
| Costello Asset Management, INC | 0.00% | New | 49 | $9K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 47 | $9K |
| CIBC Private Wealth Group LLC | 0.00% | No change | 44 | $9K |
| Salomon & Ludwin, LLC | 0.00% | No change | 42 | $8K |
| Boyd Watterson Asset Management LLC | 0.00% | No change | 42 | $8K |
| St Germain D J Co. Inc. | 0.00% | Reduce -11.1% | 40 | $8K |
| Sound Income Strategies, LLC | 0.00% | No change | 39 | $8K |
| Parkside Financial Bank & Trust | 0.00% | No change | 36 | $7K |
| Founders Financial Alliance, LLC | 0.00% | No change | 32 | $6K |
| Fortis Group Advisors, LLC | 0.00% | No change | 31 | $6K |
| Dogwood Wealth Management LLC | 0.00% | New | 29 | $6K |
| SOA Wealth Advisors, LLC. | 0.00% | No change | 28 | $5K |
| Blue Trust, Inc. | 0.00% | New | 26 | $5K |
| SouthState Bank Corp | 0.00% | No change | 25 | $5K |
| Elevate Wealth Advisory, Inc. | 0.00% | No change | 24 | $5K |
| Financial Connections Group, Inc. | 0.00% | New | 25 | $4K |
| Asset Dedication, LLC | 0.00% | New | 20 | $4K |
| IFP Advisors, Inc | 0.00% | No change | 16 | $3K |
| Independence Bank of Kentucky | 0.00% | Reduce -26.3% | 14 | $3K |
| Anfield Capital Management, LLC | 0.00% | Add +225.0% | 13 | $3K |
| Founders Capital Management | 0.00% | No change | 12 | $2K |
| Larson Financial Group LLC | 0.00% | Add +140.0% | 12 | $2K |
| Nemes Rush Group LLC | 0.00% | New | 11 | $2K |
| CoreCap Advisors, LLC | 0.00% | No change | 11 | $2K |
| Simplex Trading, LLC | 0.00% | New | 14 | $2K |
| AdvisorNet Financial, Inc | 0.00% | New | 9 | $2K |
| GAMMA Investing LLC | 0.00% | No change | 9 | $2K |
| First Command Advisory Services, Inc. | 0.00% | New | 9 | $2K |
| Centennial Bank | 0.00% | Reduce -38.5% | 8 | $2K |
| Brown Brothers Harriman & Co. | 0.00% | Reduce -70.4% | 8 | $2K |
| McIlrath & Eck, LLC | 0.00% | No change | 6 | $1K |
| Twin Peaks Wealth Advisors, LLC | 0.00% | New | 5 | $1K |
| PrairieView Partners, LLC | 0.00% | No change | 9 | $1K |
| Smithfield Trust Co | 0.00% | New | 6 | $1K |
| Capital Analysts, LLC | 0.00% | No change | 5 | $1K |
| Comprehensive Financial Planning, Inc. | 0.00% | No change | 5 | $974 |
| JNBA Financial Advisors | 0.00% | New | 2 | $415 |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 2 | $390 |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -99.9% | 1 | $195 |
| Covestor Ltd | 0.00% | Add +0.0% | 1 | $0 |
"% of holder's portfolio" is VAW's weight in each manager's 13F, not the share of Vanguard Materials ETF the manager owns.